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Qon 2 ota Marketable Debt Securities Marked out of 0.00 Use the financial statement effects template to record the accounts and amounts for the
Qon 2 ota Marketable Debt Securities Marked out of 0.00 Use the financial statement effects template to record the accounts and amounts for the following four transactions involving investments in marketable debe securities classified as available-for-sale securities a. Loudder Inc. purchases 4,000 bonds with a face value of $1,000 per bond. The bonds are purchased at par for cash and pay interest at a semi-annual rate of 4 b. Loudder receives semi-annual cash interest of $80,000. Year-end fair value of the bonds is 1978 per bond. d. Shortly after year-end, Loudder sells all 4,000 bonds for $970 per bond. Use negative signs with answers, if appropriate Transaction Ludde punhases bonds Loudder ves ca Bonds year end fair value is determined Loudder shall bonds Previous SaveAnswers Balance Sheet Income Statement Cash Asset + Nancash Assets Contrib -Liabilities Captial Capital Expenses Net income Next
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